HOUSE BILL 1118

File Code: Recordation and Transfer Crossfiled with: SENATE BILL 814

Sponsored By:

Delegate Finifter

Entitled:

Recordation and Transfer Taxes - Exemptions for Partnerships, Limited Liability Companies, and Corporations

Synopsis:

Providing for an exemption from the recordation tax and the State and county transfer taxes for transfers of title to real property to or from a partnership, limited liability company, or corporation that meet specified criteria.

Legislative History

House Action

2/6

First Reading Ways and Means

2/12

Hearing 2/27 at 1:00 p.m.

2/21

Hearing cancelled

3/10

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- SMALL BUSINESS

CORPORATIONS -see also- MERGERS

EXEMPTIONS

LIABILITY -see also- GOOD SAMARITAN

PARTNERSHIPS

REAL PROPERTY

RECORDATION -see also- TRANSFER TAX

REVENUE AND TAXES -see also specific taxes -

TRANSFER TAX -see also- RECORDATION

Bill affects the following Statutes:

Tax - Property

( 12-108 , 13-207 , 13-405 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Not available at this time